Innovate (VATE) Intangibles (2010 - 2025)

Innovate (VATE) posted quarterly Intangibles of $165.2 million for Q4 2025, down 4.18% year-over-year from $172.4 million in Q4 2024, and down 1.08% quarter-over-quarter from $167.0 million in Q3 2025.

Innovate (VATE) Intangibles (2010 - 2025) Analysis & Trends

Innovate's Intangibles history runs 16 years deep, the most recent figure standing at $165.2 million for Q4 2025.

  • In Q4 2025, Intangibles fell 4.18% year-over-year to $165.2 million; the TTM figure through Dec 2025 stood at $165.2 million (down 4.18% YoY), while the FY2025 annual figure was $165.2 million, down 4.18% from the prior year.
  • Intangibles for Q4 2025 stood at $165.2 million, down from $167.0 million in the prior quarter.
  • The five-year high for Intangibles was $222.0 million in Q2 2021, with the low at $165.2 million in Q4 2025.
  • The 5-year median for Intangibles is $179.8 million (2023), against an average of $184.8 million.
  • The sharpest annual moves came in 2021 and 2022: Intangibles slipped 24.08% in 2021, then increased 22.2% in 2022.
  • Innovate's Intangibles stood at $208.4 million in 2021, then dropped by 8.78% to $190.1 million in 2022, then retreated by 5.89% to $178.9 million in 2023, then slipped by 3.63% to $172.4 million in 2024, then retreated by 4.18% to $165.2 million in 2025.
  • Business Quant data shows VATE's Intangibles at $165.2 million in Q4 2025, $167.0 million in Q3 2025, and $168.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 3.22 Bn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 534.58 Mn
3 Ferrovial 47.62 Bn 42.63 Bn - 147.83 Mn
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 1.08 Bn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 730.00 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 548.01 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 1.74 Bn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 640.01 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 54.24 Mn
10 Innovate 101.71 Mn 507,135.29 58.90 Mn 165.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 165.20 Mn
Sep 30, 2025 167.00 Mn
Jun 30, 2025 168.60 Mn
Mar 31, 2025 170.40 Mn
Dec 31, 2024 172.40 Mn
Sep 30, 2024 173.40 Mn
Jun 30, 2024 175.10 Mn
Mar 31, 2024 177.10 Mn
Dec 31, 2023 178.90 Mn
Sep 30, 2023 180.80 Mn
Jun 30, 2023 182.60 Mn
Mar 31, 2023 186.10 Mn
Dec 31, 2022 190.10 Mn
Sep 30, 2022 194.30 Mn
Jun 30, 2022 198.40 Mn
Mar 31, 2022 204.20 Mn
Dec 31, 2021 208.40 Mn
Sep 30, 2021 213.10 Mn
Jun 30, 2021 222.00 Mn
Mar 31, 2021 167.10 Mn